Obama tackles the liquid fuels problem

Today I’ll try to explain President Obama’s policy for decreasing oil consumption in the United States. Right now the administration has so many balls in the air that it is impossible to make a definite statement about what the effects of their initiatives will be, but a coherent policy is emerging if you gather all the pieces together.

Review of RAND study, Imported Oil and US National Security (May, 2009)

RAND Corporation has brought its considerable expertise to bear on the national security implications of US oil import dependence…While this study examines this issue solely from an American perspective, many of its observations are applicable to other import-dependent nations. Although there is much of value in this report, I wish to challenge its central recommendation on how government should deal with price spikes and physical shortages.